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Holding: DGZ

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Symbol Sector Return Exposure Trades Last Trade Status
DGZ Non Equity Investment Instruments 0.79%  n/a 6  17-Sep-08  Prior Holding
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24-Mar-08

DGZ: the new ultra bear ETN on gold

Holding Rationale for DGZ.

So, either I have a death wish or am one disciplined trader. My system says gold has turned down near term, so I'm buying this leveraged bear market ETF on gold.  My initial stop is just above the recent highs on gold.


But wait a minute, how can I justify being bearish on gold when I'm a certified (certifiable?) gold bug? Well, that was then, this is now. For now, I'm following my program. It works better than I do.

Tagged Stocks: DGZ

 

Posted at 11:37 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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Don_Bartell

DGZ Out
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Return 0.79% at 2009-01-08
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